12 Best Revenue Growth Stocks to Buy According to Wall Street Analysts

7. Agnico Eagle Mines Limited (NYSE:AEM)

5-Year Revenue CAGR: 31.71%

Average Price Target Upside Potential According to Analysts: 45.07%

Number of Hedge Fund Holders: 56

Agnico Eagle Mines Limited (NYSE:AEM) is one of the best revenue growth stocks to buy according to Wall Street analysts. On May 22, Barclays initiated coverage on Agnico Eagle Mines Limited (NYSE:AEM), giving the stock an Overweight rating and setting a price target of $213 for the US-listed shares and C$292 for the Canadian-listed shares.

Analyst Richard Garchitorena pointed out that the company is a low-cost gold miner, with more than 85% of its production coming from Finland and Canada. The research firm pointed to Agnico Eagle Mines Limited’s (NYSE:AEM) track record of driving share returns with acquisitions, including O3, Yamana, and Kirkland Lake.

Barclays noted that the company is planning three acquisitions in Finland. The firm also added that Agnico Eagle Mines Limited (NYSE:AEM) continues to work on growth opportunities within its current assets. Barclays expects growth to begin in 2028.

The research firm also highlighted that the stock is currently trading below its historical 10-year average EV/EBITDA multiple of 9.2x.

Agnico Eagle Mines Limited (NYSE:AEM) is a Canadian gold mining company. With operations in Canada, Finland, Australia, and Mexico, the company is one of the world’s largest producers of gold.

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